So true! And we're continuously persuaded to believe that lower taxes on the wealthy elites will cycle back into the economy through more jobs, better wages, etc. But the capitalists making all this money end up shoving it in bigger and bigger piggy banks--as you say, the problem is endemic to capitalism. And it's been accelerating at a disastrous pace over the past four decades -- the era of neoliberalism.

Great article, D.K.!

Top Writer in Gov, Politics, Economics. Love nature, technology, and standup! Bachelor’s in Communication Studies & Mechanical Engineering @ Cal Poly SLO.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store